2618 W Martin Luther King Jr Blvd, Los Angeles, CA, 90008

USD 749,000
For Sale MLS: 26664967

Property Details

Property Type

land

Description

Land in Los Angeles, CA - Bedrooms: 0 - Bathrooms: 0 - Area: N/A - Year Built: N/A - Lot: 5911 sqft

Listing Agent: Casey Lins Brokerage: Kidder Mathews of California, Inc.

We are pleased to present 2618 W Martin Luther King Jr Boulevard, a well-positioned development opportunity located in Leimert Park, one of the hottest submarkets throughout Los Angeles. The property consists of 5,908 SF of C2 land, positioned on a corner with alley access in the rear. The property has approximately 57' in width, 105' in depth, and a 20' alley in the rear to allow for ingress/egress flexibility on a new development. The current improvements, a 941 SF building that was previously a restaurant use, are in need of either demolition or a full rebuild. Nearby developments include 195 units on Crenshaw Boulevard, the Baldwin Hills Crenshaw Plaza, and various creative offices off of Jefferson Boulevard. With its central location 2.5 miles from USC and just a 2-minute drive from LAX to Crenshaw Metro Rail Line, a new development is expected to be the property's highest and best use. Buyers shall rely on their own due diligence to verify the development potential of the property within the City of Los Angeles. Contact the listing broker for additional information.

Location

Address

2618 W Martin Luther King Jr Blvd, Los Angeles, CA, 90008

City

Los Angeles

Features and Finishes

Lot Description: Single Lot, Lot Size Acres: 0.1357, Lot Size Source: Assessor, Lot Size Square Feet: 5910, Source Listing Status: Active, County: Los Angeles, Directions: Google Maps: 2618 W Martin Luther King Jr Blvd Los Angeles CA 90008, Source Property Type: Land, Area: Park Hills Heights, Source Neighborhood: Park Hills Heights, Parcel Number: 5023-023-018, Postal Code Plus 4: 2745, Zoning: LAC2, Disabled Access: No, view, rental property, office

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